Japanese Candlesticks Analysis 13.12.2013 (EUR/USD, USD/JPY)
13.12.2013
Analysis for December 13th, 2013
EUR/USD
H4 chart of EUR/USD shows correction within ascending trend, which is indicated by Tower pattern. Three Line Break chart and Heiken Ashi candlesticks confirm that correction continues.
H1 chart of EUR/USD shows correction, which continued after Shooting Star and Harami patterns. Closest Window is support level. Three Line Break chart and Heiken Ashi candlesticks indicate current trend.
USD/JPY
H4 chart of USD/JPY shows descending correction within ascending trend. Price may form bearish patterns inside resistance area. Three Line Break chart and Heiken Ashi candlesticks indicate current trend.
H1 chart of USD/JPY shows correction, which is indicated by Shooting Star and Three Black Crows patterns. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
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